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The global retort pouches market reached an approximate value of USD 1.58 billion in 2022 and is further anticipated to grow at a CAGR of about 7.3% in the forecast period of 2023-2028 to reach a valuation of about USD 2.39 billion by 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the growing consumption of ready-to-eat food globally.
Mondi PLC, Amcor Limited, Sonoco Products Company, Berry Global Inc., Otsuka Holdings Co., Limited, and Bemis Company, Inc., among others, are the major players in the global retort pouches market.
The global retort pouches market reached an approximate value of USD 1.58 billion in 2022 and is further anticipated to grow at a CAGR of about 7.3% in the forecast period of 2023-2028 to reach a valuation of about USD 2.39 billion by 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the growing consumption of ready-to-eat food globally.
The market is being positively driven by rapid urbanisation and rising research and development activities worldwide. Furthermore, features such as resealable zippers and slider closures with end-clips, and use of retort pouches to create brand awareness, are aiding the market. The shifting consumer lifestyle, rising disposable incomes and growing demand for packaged food is boosting the market growth in the Asia Pacific region.
The major players in the global retort pouches market include Mondi PLC (LON: MNDI) and Amcor Limited (NYSE: AMCR). Amcor Limited with Nestle launched the first recyclable flexible retort pouch in the world in 2020. The retort pouch has high-barrier and high-heat resistant packaging and provides a shelf life of 1-2 years. Mondi PLC offers retort pouches in different shapes and bottom constructions with rounded edges and tear notches. The products have high barrier properties, mechanical resistance, and retort ability with a shelf life of about one year.
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Headquarters: | Addlestone, United Kingdom |
Establishment: | 1967 |
Website: | https://www.mondigroup.com/en/home/ |
Mondi PLC is a British multinational company engaged in the manufacturing of packaging and paper products. The company’s products include flexible packaging, bags, pouches, sack and speciality craft paper, containerboard, barrier coatings, professional printing, and industrial bags for various industries. It has a workforce of 26,000 employees in 30 countries.
Headquarters: | Zurich, Switzerland |
Establishment: | 1860 |
Website: | https://www.amcor.com/ |
Amcor Limited is a worldwide leader in the development and production of packaging for industries such as food, pharmaceuticals, beverage, personal care, and medical. The products offered include speciality cartons, flexible and rigid packaging, closures, and other services. The company operates with about 47,600 employees in more than 40 countries worldwide.
Headquarters: | South Carolina, United States |
Establishment: | 1899 |
Website: | https://www.sonoco.com/ |
Sonoco Products Company is an American producer of packaging solutions worldwide for industrial and consumer end-users. The company is renowned for its high-density film products, flexible packaging, and folding cartons. It has 320 plants in 36 countries employing 23,000 people and is one of the largest manufacturers of composite cans, tubes, and cores.
Headquarters: | Indiana, United States |
Establishment: | 1967 |
Website: | https://www.berryglobal.com/ |
Berry Global Inc is a United States-based manufacturer of various plastic packaging products for international markets. The company offers drink cups, bottles, jars, tubes, plates, trash bags, bowls, closures, containers, lids, tapes, adhesives, and other packaging products. It has 47,000 employees in 295 locations for designing and marketing its products.
Headquarters: | Tokyo, Japan |
Establishment: | 2008 |
Website: | https://www.otsuka.com/en/ |
Otsuka Holdings Co., Limited is a Japanese company. The cooperation’s primary operating divisions are Otsuka Pharmaceutical Co., Ltd., Taiho Pharmaceutical Co., Ltd, Otsuka Pharmaceutical Factory, Inc., Otsuka Warehouse Co., Ltd., Otsuka Foods Co., Ltd. Otsuka Chemical Co., Ltd., and Otsuka Medical Devices Co., Ltd. It owns over 167 subsidiaries and 27 affiliates globally and conducts business in pharmaceuticals, nutraceuticals, consumer products, and other sectors.
Headquarters: | Wisconsin, United States |
Establishment: | 1858 |
Website: | https://www.bemismfg.com/ |
Bemis Company, Inc is a global manufacturing company for pressure-sensitive materials and flexible packaging products for pharmaceutical, food, home care, beverage, medical, and other products. The company has operations in more than 12 countries for packaging products and adhesive materials worldwide.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124